Is 5paisa safe to trade with?

5paisa Account Opening

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Yes, 5paisa is a safe, reliable, and trustworthy stockbroker. 5paisa is promoted by Mr. Nirmal Jain, the founder of well know IIFL group (formally India Infoline). 5paisa is a professionally managed and publicly-traded company listed at BSE and NSE.

5paisa is primarily involved in online trading and investment. It offers add-on services like research and margin funding through its partnership with IIFL Group companies. It also uses the technical infrastructure of IIFL which is powerful and stable.

5pisa is not involved in proprietary trading. It also doesn't keep customer shares in a pool account. All shares are transferred to the customer demat account directly.

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Topic: 5paisa Safety Review

1 Comments

1. Raghav

| Link | Nov 2, 2020 6:21:48 AM Reply

No they are biggest frauds.. They take money and never put into the ledger account.. I have transferred money 3 weeks ago they have not transferring into my ledger account. Please don't work with 5 Paisa they are biggest fraud.

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